HARTFORD— An international life insurance company with offices in Bermuda, The Cayman Islands, New York and Connecticut is laying off 100 employees at its Hartford office. Talcott Resolution Life Inc. sent a notice to the Connecticut Department of Labor and Hartford Mayor Arunan Arulampalam Tuesday announcing that due to“ a closing of certain functions in…
The Life Insurers Council announced that Dierdre Woodruff, senior vice president of Puritan Life Insurance Company, will serve as chair of the LIC Advisory Board for 2026.
FINEOS Corporation, the global market leader in core systems for life, accident, and health insurance, today announced that National Life Group has chosen the FINEOS AdminSuite to modernize and automate its Living Benefit and Life Insurance claims operations. “As National Life Group continues to grow with purpose, we underwent an exhaustive search for a…
Securian Financial today announced that Kent Peterson has been promoted to senior vice president for Institutional Retirement Solutions. Kent Peterson, Securian Financial senior vice president for Institutional Retirement Solutions. Peterson joined Securian Financial in 1990 as an actuary and has built a career focused on retirement plan product…
Lincoln Financial today announced the launch of Lincoln WealthProtector℠ Indexed Universal Life, a new protection‑ focused indexed universal life insurance product designed to help clients safeguard their families and build long‑ term financial security. Lincoln WealthProtector℠ IUL, issued by The Lincoln National Life Insurance Company, is the newest…
Experts at Conning Asset Management say insurers must remain strategically adaptive to stay ahead in 2026.
Bermuda saw a decline in new life and annuity reinsurance entrants during 2025, but the country remains the dominant offshore hub for reinsurers.
Structured credit has shifted over the past decade.
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a+” of the U.S. life/health subsidiaries of Aegon Ltd.. Aegon Ltd.’ s U.S. L/H companies are Transamerica Life Insurance Company and Transamerica Financial Life Insurance Company both referred to as Aegon USA Group. Aegon USA has additional access to liquidity as a…
Mike Thompson is a home-grown politician seeking his 15th consecutive term in the U.S. House of Representatives, following eight years in the California Legislature. His most formidable Democratic primary challenger for California’ s 4th Congressional District, Eric Jones, is a political neophyte and recent Napa transplant trying to build name…
Continental General Insurance Company today announced that it has completed the acquisition of two blocks of insurance policies from the state life and health insurance guaranty associations through transactions coordinated by the National Organization of Life& Health Insurance Guaranty Associations. The policies were originally issued by Bankers…
LIMRA today announced the launch of its Lifetime Income Initiative, a campaign designed to expand awareness and education around protected lifetime income with annuities positioned as a cornerstone of U.S. retirement security.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa-” of RGA Reinsurance Company, RGA Americas Reinsurance Company Ltd, RGA Life Reinsurance Company of Canada, Aurora National Life Assurance Company and RGA Life and Annuity Insurance Company. These companies are subsidiaries of Reinsurance Group of America,…
Lincoln Financial today reported financial results for the fourth quarter and full year ended December 31, 2025. Strong fourth quarter performance capped a year of sustained momentum, with balanced growth and broad-based execution across all business segments. Fourth quarter net income available to common stockholders was $745 million, or $3.80 per…
New York Life today announced the launch of Golden Futures, a new platform designed to support families at critical moments when passions take shape, learning accelerates and futures begin to feel possible. Encompassing the Golden Futures Awards for children ages 5-16 and the Golden Futures Scholarship Program for current high school juniors and seniors,…
About $2,026 every month— that's what a typical family of four, with two adult homeowners, two children ages 0-14, and a pet, spends on insurance based on national averages, including term life insurance for both adults. With the average monthly principal and interest payment on a 30- year fixed home loan in the U.S. ranging from $2,715 to $2,866 in 2024-25,…
Our industry must adapt to the changing lifestyles and needs of younger consumers
Massachusetts companies like John Hancock, Berkshire Life and MassMutual in the last few years have been looking for programs to help boost the health of their policyholders. “Because the market is so competitive, many good companies are trying to distinguish themselves as very good places for people to put their trust,” said Ed Donahue, president and CEO of the…
Symetra Life Insurance Company has launched new consumer marketing with fresh episodes of its“ Plan Well, Play Well” social content series featuring sports icon and longtime Symetra brand ambassador Sue Bird. As Sue continues to explore how to live her best life in retirement with help from Symetra and maybe pick up a new hobby or two, she’ s joined by figure…
Reinsurance costs and capacity constraints have moderated for Caribbean insurers amid an accelerated softening in property reinsurance pricing and a modest relaxation in some terms and conditions, according to a new AM Best report. These factors have contributed to favorable results being reported by most Caribbean insurers, with rate increases also…
